Busi­ness in­cu­ba­tor do­ing well, might ex­pand

Daily Freeman (Kingston, NY) - - FRONT PAGE - Mid-Hud­son News Network

The Ac­cel­er­a­tor, now in two build­ings in New Wind­sor, is look­ing to add lo­ca­tions in Middletown.

The Ac­cel­er­a­tor, the Or­ange County Industrial Devel­op­ment Agency’s re­gional in­cu­ba­tor for cot­tage-in­dus­try man­u­fac­tur­ers, has done so well that of­fi­cials again are look­ing to ex­pand its ca­pac­ity.

There are 10 small busi­nesses in the first Ac­cel­er­a­tor build­ing next to Ste­wart In­ter­na­tional Air­port, with cloth­ing and high­tech man­u­fac­tur­ing tak­ing place.

Ac­cel­er­a­tor II, which opened nearby, is at ca­pac­ity with five busi­nesses — all bot­tling, in soaps and cleansers.

Now Ac­cel­er­a­tor Chief Op­er­at­ing Of­fi­cer Lau­rie Vil­la­suso said Ac­cel­er­a­tor of­fi­cials are look­ing at pos­si­ble ex­pan­sion in the city of Middletown, pos­si­bly at three lo­ca­tions: Touro Col­lege of Os­teo­pathic Medicine and the city-owned for­mer Wool­worth build­ing and for­mer TD Bank build­ing.

“We are fully booked,” Vil­la­suso said. “We are at ca­pac­ity. We have 80 per­cent womenowned busi­nesses, which is in­cred­i­ble, and now we are look­ing for our next space, so, in ad­di­tion to Middletown, we might ex­pand a lit­tle fur­ther here at Ste­wart be­cause it has been so pop­u­lar.”

Ac­cel­er­a­tor Man­ag­ing Di­rec­tor Vin­cent Coz­zolino said the pos­si­bil­ity of ex­pand­ing the Ac­cel­er­a­tor into other coun­ties is be­ing con­sid­ered.


Stephanie Falsetta, cen­ter, owner of Goats in a Coat, a maker of goat milk-based soaps, is shown with Or­ange County Ac­ce­la­tor of­fi­cials Lau­rie Vil­la­suso, left, and Vin­cent Coz­zolino.

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